Wells Fargo Cuts Ferguson Enterprises (FERG) Price Target by $25

Wells Fargo lowered its terms people connected Ferguson Enterprises Inc. (NYSE:FERG) from $285 to $260 connected April 8, 2026.  The steadfast maintained an Overweight standing connected the stock. Wells Fargo noted that lodging stocks person underperformed the S&P 500 by 12 points since the Iran struggle began. According to the analyst, the assemblage remains risky up of Q1 earnings, driving the steadfast to support a selective attack toward companies reporting this quarter.

In different development, connected March 30, 2026, Morgan Stanley raised its terms people connected Ferguson Enterprises Inc. (NYSE:FERG) from 20,100 GBp to 21,100 GBp. The steadfast reiterated an Overweight standing connected the company’s stock. With its investors awaiting the first-quarter results and the company’s league telephone connected Tuesday, May 5, 2026, Ferguson Enterprises Inc. (NYSE:FERG) maintains a statement Buy standing from 25 analysts covering the banal arsenic of April 24, 2026. The banal is expected to turn by an mean of 6.31% implicit the adjacent 12 months.

Founded successful 1953, Ferguson Enterprises Inc. (NYSE:FERG) is the largest North American distributor of plumbing and HVAC supplies. Headquartered successful Virginia, the institution serves much than 30,000 suppliers and implicit 1 cardinal customers successful the residential, commercial, and infrastructure sectors.

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